NEW REIT UNIT REVALUATION ANNOUNCEMENT
Tuesday, June 1, 2010
Greetings, Member-Partners of the IGW REIT,
I am pleased to report that the interim quarterly property review of the IGW REIT confirms that, as of June 1, 2010, values for the common Class A and AA IGW REIT units have marginally increased from $1.002 per unit to $1.004 per unit, a rise of 0.19%. Distributions remain unchanged at 7.25 cents per unit per annum. This is the third consecutive quarter that has seen an increase in REIT unit values.
Analysis and Discussion
Although its performance is not connected with the markets, the IGW REIT, with its history of stable distributions, continues to provide an attractive alternative investment for Member-Partners in uncertain times.
As we all know, the current economic picture is a decidedly mixed bag. While according to Statistics Canada, the Canadian and American economies recorded impressive job gains (108,700 and 290,000 jobs respectively) in the first quarter of 2010, this was countered by mounting concern over the size of the national debts of Greece and other European countries. It was also shaken by last month's Black Thursday, which although mainly caused by a computer trading error, which, according to the Bank of Montreal, illustrated the volatility of the markets, with the Dow Jones dropping more than 600 points in five minutes. Meanwhile, despite this uncertainty, according to Statistics Canada, Canada's composite leading economic indicator grew by 0.9% in April, continuing 11 months of straight increases averaging 1.0%. The leading economic indicator for the United States kept pace with Canada's in April, also rising 0.9%. In the meantime, as stated in my recent State of the Units report, we will continue to work assiduously to increase the values of the properties within the IGW REIT. I am grateful to the unceasing efforts of our leasing and development teams in this regard.
Our Credo is Our Commitment
While not the best news, this is also, by far not the worst news. Real estate is long-term investment and we at LEAGUE stand together with our Member-Partners in holding that view. We provide this information to you in the spirit of the 16th tenet of Our Credo, where we affirm: "We believe that as leaders in the investment community, that we must operate our business affairs with transparency, and in the light of accurate knowledge."
We are grateful to each and every one of our 1,958 Member-Partners – now closing on that magic number of 2,000 – who have chosen to invest in LEAGUE and our shared ultimate goal of providing Intergenerational WealthTM not only for ourselves but for our families, as well. To all of our like-minded friends, we say thank you.
Warmest regards,

Emanuel F. Arruda
Founding Partner
LEAGUE Financial Partners
Learn, Earn, Live, Give.™
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